IPO-bound OYO reports EBITDA of Rs 56 crore in Q2
In its quarter two monetary results submitted to SEBI, hospitality chain Oyo reported an adjusted EBITDA of Rs 56 crore and losses of Rs 333 crore, down from Rs 414…
This is how OYO became profitable at operating level in Q1FY23
As OYO prepares for its initial public offering (IPO), financial services firm Jefferies notes that while the company had one of the strongest first quarters in many years, there are…
Oyo reports its first EBITDA positive quarter, reduces FY22 losses
OYO, the Softbank-backed hotel aggregator, has reported an EBITDA of Rs 7 crore (around $1 mn) adjusted for the first quarter of FY23 and driven by an increase in gross…